764 King Street, London

$499,900

3 Beds
2 Baths
1,500 Sqft
0 Acres
0 Garages

Fully leased until Feb 28, 2025. This property is a great option for the investor to add to their portfolio. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is currently tenanted with rent coming in at $2800 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. Owners are still waiting for boulevard repairs by the city but when finished the house will be sitting on a new street with public transit at the door. The 6.2 % cap rate makes this a money maker for any investor. Please allow 24 hours notice on all showings for tenants.

Essential Information
MLS® #X8214708
Price$499,900
Bedrooms3
Bathrooms2.00
Square Footage1,500
Acres0.00
TypeResidential Freehold
Sub-TypeDetached
Style2-Storey
StatusActive
Community Information
Address764 King Street
AreaMiddlesex
SubdivisionEast L
CityLondon
ProvinceON
Postal CodeN5W 2X4
Amenities
Parking Spaces3
GaragesNone
PoolNone
Interior
HeatingForced Air
CoolingCentral Air
BasementFull, Partially Finished
FireplaceYes
Exterior
ExteriorBrick
Listing Details
Office

INITIA REAL ESTATE (ONTARIO) LTD

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